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PALM BEACH, Fla.--([ BUSINESS WIRE ])--Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium branded select-service hotels, today announced that its board of trustees has declared a common share dividend of $0.175 for the 2012 first quarter. Based on the companyas common share closing price of $12.90 at the close of business on March 12, the annualized dividend represents a yield of approximately 5.4 percent. The common dividend is payable April 27, 2012, to shareholders of record on March 30, 2012. The company will continue to evaluate and adjust its dividend on a quarterly basis.

About Chatham Lodging Trust

Chatham Lodging Trust is a self-advised REIT that was organized to invest in upscale extended-stay hotels and premium-branded, select-service hotels. The company currently owns 18 hotels with an aggregate of 2,414 rooms/suites in 10 states and the District of Columbia and holds a minority investment in a joint venture that owns 64 hotels with 8,329 rooms/suites. Additional information about Chatham may be found at [ www.chathamlodgingtrust.com ].

This press release may contain aforward-looking statementsa within the meaning of the Private Securities Litigation Reform Act of 1995 about Chatham Lodging Trust, including those statements regarding acquisitions, capital expenditures, future operating results and the timing and composition of revenues, among others, and statements containing words such as aexpects,a abelievesa or awill,a which indicate that those statements are forward-looking.Except for historical information, the matters discussed in this press release are forward-looking statements that are subject to certain risks and uncertainties that could cause the actual results or performance to differ materially from those discussed in such statements.Additional risks are discussed in the companyas filings with the Securities and Exchange Commission.